Speaking of the greatest business miracle in China these past few years,
one cannot go without mentioning Xiaomi's seven-character maxim: Focus, Extreme, Reputation, Speed.
The youngest company to make the Fortune Global 500 is none other than Xiaomi Group.
In less than three years, they managed to sell Xiaomi phones into the top three domestically.
The impact of this is undoubtedly beyond imagination.
The one that could provide a stark contrast to Xiaomi is none other than LeEco's Jia Yueting.
Before 2016, Jia Yueting was having a smooth sail in the capital markets.
Not only did he grow LeEco's video to a market cap exceeding 100 billion, but he also ventured into phones, televisions, sports, and various other fields.
One of these included the once sensational blockbuster "The Great Wall."
Jia Yueting was even rated as the business tycoon with the fastest-growing fortune over these two years.